MTS Expands Presence in Wind Energy and Aerospace Markets Through Acquisition of Danish Engineering Firm – PRNewswire

EDEN PRAIRIE, Minn., Nov. 25, 2019 /PRNewswire/ --MTS Systems Corporation (Nasdaq: MTSC), a leading global supplier of high-performance test and simulation systems and sensors, announced today that, on November 22, 2019, it signed a definitive agreement to acquire the operating entities of R&D, including R&D Test Systems, R&D Engineering, R&D Steel, R&D Prague, RGDK Engineering Private Limited and R&D Tools and Structures (collectively, "R&D"). R&D brings the following to the MTS portfolio:

R&D, a Danish company founded in 2005, is a recognized leader in the design and manufacture of test systems that accurately simulate the extreme operating environments often encountered by large, rotating structures, such as wind turbines, and aircraft engine propulsion systems. The acquisition is expected to close by December 31, 2019 after the completion of normal and customary closing procedures for this type of transaction.

From its roots in northern Europe, wind power is emerging rapidly as a leading source for clean, renewable electricity around the world. Through the use of advanced composite materials and modern design methods, wind turbines have now become a preferred source for renewable power, driven by dramatic improvements in reliability, performance and cost per kilowatt hour. While continuing to expand on land, wind turbines are rapidly expanding offshore into ocean environments, which offer much higher and more consistent wind conditions for energy generation. It is estimated that over $1 trillion of investment will be made in offshore wind energy by 2040, with key growth markets being Europe, U.S., China and India. Instrumental to reaching this market level is the continued introduction of larger, more complex, turbine systems, which brings with it a requirement to fully validate these systems using large scale, laboratory-based simulation systems. Once developed, these technologies can then be effectively leveraged into adjacent markets, such as those central to advanced aero propulsion systems.

Following closing, the R&D operations will be reported as part of the MTS Test & Simulation segment. Once integrated,R&D will leverage MTS' global sales and service network to further accelerate growth, particularly in the US, China and India. In addition to exciting new technology and applications, MTS will gain an expanded local engineering and manufacturing base in its European market, including a new design center in the Czech Republic, along with excellent access to the Asian markets and a very talented leadership team.

R&D is expected to contribute over $40 million in incremental revenues in fiscal 2020 and to be accretive to Adjusted EBITDA margins for the Test & Simulation segment. R&D is further expected to be neutral to earnings in year one, exclusive of transaction costs. The acquisition is structured with an upfront payment of approximately $55 million, which will be funded primarily through MTS' existing revolving credit facility, with expected earnout payments of up to an additional $25 million based on financial performance through June 2021. Given the strong backlog position of MTS at the end of fiscal 2019, the solid backlog position of R&D, and the expected incremental Adjusted EBITDA generation, MTS expects rapid strengthening of its balance sheet following the closing of this acquisition, with a forecasted year-over-year net reduction in leverage by the end of fiscal 2020.

"We are very excited about adding R&D to the MTS family as we continue to expand our technical offerings and customer applications in the Test & Simulation space. With their demonstrated success in the wind energy market, and successful expansion into aerospace propulsion applications, R&D has delivered strong growth momentum and margin performance which we believe is sustainable as we leverage the MTS global sales and service infrastructure. Moreover, the combination of MTS's long history of innovation in materials and structures testing for the energy and aerospace markets, in combination with the added capabilities of R&D, will position MTS as an even more valuable partner to these rapidly growing customers and markets around the world," stated Dr. Jeffrey Graves, President and Chief Executive Officer of MTS.

ABOUT MTS SYSTEMS CORPORATION

MTS Systems Corporation's testing hardware, software and services solutions help customers accelerate and improve their design, development and manufacturing processes and are used for determining the mechanical behavior of materials, products and structures. MTS' high-performance sensors provide measurements of vibration, pressure, position, force and sound in a variety of applications. MTS had 3,500 employees as of September28, 2019 and revenue of $893 million for the fiscal year ended September28, 2019. Additional information on MTS can be found at http://www.mts.com.

FORWARD-LOOKING STATEMENTS

This release contains "forward-looking statements" made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995 that are subject to certain risks and uncertainties, as well as assumptions, that could cause actual results to differ materially from historical results and those presently anticipated or projected. Words such as "may," "will," "should," "expects," "intends," "projects," "plans," "believes," "estimates," "targets," "anticipates," and similar expressions identify forward-looking statements in this release. Such statements include, but are not limited to, statements about the expecting timing of the closing of the acquisition of R&D, the expected financial and operational impact of the acquisition of R&D, and the opportunities and outlook for the Test and Simulation segment as MTS integrates R&D into its operations, and other statements that are not historical facts. These statements are based on MTS' current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements. Risks, uncertainties and assumptions that could cause MTS' actual results to differ materially from those discussed in the forward-looking statements include, but are not limited to, those described in the "Risk Factors" section of MTS' most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission ("SEC") and updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the SEC. The reports referenced above are available on MTS' website at http://www.mts.comor on the SEC's website at http://www.sec.gov. Forward-looking statements speak only as of the date on which statements are made, and MTS undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made to reflect the occurrence of unanticipated events or circumstances.

SOURCE MTS Systems Corporation

http://www.mts.com

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MTS Expands Presence in Wind Energy and Aerospace Markets Through Acquisition of Danish Engineering Firm - PRNewswire

Aerospace Education Weekend sets cadets up for a bright future – WDTV

HARRISON COUNTY, W.Va. (WDTV)-- Those aging from 12 and older spent time at the Robert C. Byrd National Aerospace Center on Nov. 23 and 24 to learn different aspects of aviation.

From the mechanics to the skills and factors they need to know, the weekend long event provided the cadets with knowledge to go toward their future careers.

"I've learned a lot about aerospace, astronomy, ground search and rescue, emergency services," said Cadet Capt. Josiah

Cadet Capt., Katherine Weinhold, said she's excited to share what she's learned with others.

"I love teaching classes at my home squadron, so I love going out of our area to get knowledge on how to teach better basically."

Dr. Brad Gilbert, the interim director at the facility, said this is a great way for the cadets to focus in on their interests.

"As the technology continues to change and as the aviation here in north central West Virginia continues to expand, this is going to be a wonderful future for them," he said.

"Not only in this area but throughout the country."

The project officer, Capt. Bruce Dawson said the need for those in aerospace continues to expand.

"We have a need of over 750,000 mechanics in the next ten years and it's getting to a critical level so that's why we started this," he said.

Capt. Dawson is hoping that this is a start that will hopefully keep the cadets on board.

"We're trying to get the kids to realize what there is in West Virginia in the aerospace industry. We have a lot of company's here in Bridgeport that are a big footprint in the aerospace that nobody knows is here."

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Aerospace Education Weekend sets cadets up for a bright future - WDTV

Space Startup Aims to Launch Cubesats on Balloon-Lofted Rockets – Space.com

Balloons could help the small-satellite revolution reach new heights.

Los Angeles-based startup Leo Aerospace is developing a system that will loft bantam spacecraft using a rocket dropped from a giant hot-air balloon about 60,000 feet (18,000 meters) above Earth's surface.

Such "rockoons" had something of a heyday in the 1950s, when they were employed on dozens of suborbital atmospheric-research flights. But they haven't made much spaceflight noise since. (Today's prominent air-launch vehicles, such as Northrop Grumman's Pegasus rocket and Virgin Galactic's SpaceShipTwo spaceliner, are carried aloft by planes.)

Related: Cubesats: Tiny, Versatile Spacecraft Explained (Infographic)

Leo Aerospace's autonomous aerostat, named Regulus, is far more advanced than the simple helium balloons of 60 years ago. The autonomous Regulus features multiple thrusters to maintain stability and orientation, for example, as well as a proprietary rail system for the three-stage, 33-foot-long (10 m) rocket.

That rocket will be capable of launching 73 lbs. (33 kilograms) of payload to a 340-mile-high (550 kilometers) sun-synchronous orbit, or 126 lbs. (57 kg) to a circular orbit 186 miles (300 km) up, according to Leo Aerospace's website.

The company also plans to conduct suborbital missions using Regulus and a 10-foot-long (3 m) rocket, which will be able to get 220 lbs. (100 kg) to an altitude of 250 miles (400 km).

Those rockets will be expendable, but Regulus is designed for rapid and extensive reuse. Indeed, each individual balloon will be able to fly 100 missions, Leo Aerospace co-founder Bryce Prior said earlier this month during a presentation at the U.S. Air Force's first-ever Space Pitch Day.

And the system is mobile, essentially employing a semitruck as a launchpad.

"We can launch from anywhere that you can fit a cargo container," said Prior, who also serves as Leo Aerospace's head of operations and strategy.

Prior did not disclose exactly how much the company plans to charge for an orbital launch. But he did say the cost will likely be just one to three times what customers currently pay for "ride-share" access on big rockets like SpaceX's Falcon 9.

Ride-share participants don't have total control over where their satellites are deployed; as hitchhikers, they must make do with the mission profile required by the primary payload. Leo Aerospace will offer small-satellite operators that control with a dedicated launch, Prior said.

This business plan is similar to that of Rocket Lab, a pioneer in dedicated small-satellite launches. But Leo Aerospace aims to carve out a niche by focusing on even tinier spacecraft; Rocket Lab's 57-foot-tall (17 m) Electron booster can loft about 500 lbs. (225 kg) to orbit on each roughly $5 million liftoff.

Leo Aerospace has some competition for this slice of the spaceflight pie. Spanish startup Zero 2 Infinity has similar goals, for example, and is also developing a rockoon system, which performed its first rocket-powered test flight in 2017.

Regulus will come online as a high-altitude platform by the middle of next year, if all goes according to plan, Prior said. This system will have utility in its own right, even without a rocket on board. For example, Regulus could help engineers test technology for Mars entry, descent and landing. (The air thins out considerably high above Earth, providing a decent analogue of the Red Planet's atmosphere.)

Leo Aerospace aims to start providing suborbital launches in 2021 and orbital missions by the end of the following year, Prior added.

Editor's note: This story originally stated that Leo Aerospace received $750,000 earlier this month at the U.S. Air Force's first Space Pitch Day event. That is not correct; the company presented at Space Pitch Day but did not make a "closed-door pitch" for on-the-spot funding. Leo Aerospace is instead applying for government funding as part of the normal Small Business Innovation Research (SBIR) Phase II process and expects to hear back about a potential award soon.

Mike Wall's book about the search for alien life, "Out There" (Grand Central Publishing, 2018; illustrated by Karl Tate), is out now. Follow him on Twitter @michaeldwall. Follow us on Twitter @Spacedotcom or Facebook.

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Space Startup Aims to Launch Cubesats on Balloon-Lofted Rockets - Space.com

Aerospace Insurance Market Insights, 2019-2024 – ResearchAndMarkets.com – Business Wire

DUBLIN--(BUSINESS WIRE)--The "Aerospace Insurance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

The global aerospace insurance market is currently experiencing stable growth

The thriving aviation industry, along with an increasing number of airports around the world is the key factor driving the growth of the market.

In recent years, the number of passengers opting for air travel has increased substantially. In order to meet this surging demand, both the emerging and developing nations are modernizing and expanding their existing airport terminals as well as creating new ones.

Moreover, the development of smart airports that utilize various automated solutions such as self-check-in kiosks and automated baggage handling systems is also contributing to the market growth. Furthermore, with the growing need for aircraft fueling and group handling, aerospace product liabilities are likely to increase, thus catalyzing the demand for insurance services.

Apart from this, increasing space exploratory activities using drones, spaceships and aircraft is also favoring the market growth. Insurance buyers safeguard themselves and equipment against accidents and any damage caused by climatic changes, equipment failure and collisions.

Besides this, the declining insurance premium rates are ensuring an increase in the number of policy takers, which is positively impacting the market growth.

Competitive Landscape

The report has also analyzed the competitive landscape of the market with some of the key players being Allianz SE, American International Group, Global Aerospace, Hallmark Financial Services Inc., Marsh Inc, China Life Insurance Company, Travers Aviation, Malayan Insurance, AXA, ING Group, Old Republic Aerospace, Hiscox Group, Wells Fargo, Avion Insurance, etc.

Key Questions Answered in This Report

Key Topics Covered

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Aerospace Insurance Market

5.1 Market Overview

5.2 Market Performance

5.3 Market Breakup by Type

5.4 Market Breakup by Application

5.5 Market Breakup by Region

5.6 Market Forecast

6 Market Breakup by Type

6.1 Life Insurance

6.2 Property Insurance

6.3 Others

7 Market Breakup by Application

7.1 Service Providers

7.2 Airport Operators

7.3 Others

8 Market Breakup by Region

8.1 North America

8.2 Europe

8.3 Asia-Pacific

8.4 Middle East & Africa

8.5 Latin America

9 SWOT Analysis

9.1 Overview

9.2 Strengths

9.3 Weaknesses

9.4 Opportunities

9.5 Threats

10 Value Chain Analysis

11 Porter's Five Forces Analysis

11.1 Overview

11.2 Bargaining Power of Buyers

11.3 Bargaining Power of Suppliers

11.4 Degree of Competition

11.5 Threat of New Entrants

11.6 Threat of Substitutes

12 Competitive Landscape

12.1 Market Structure

12.2 Key Players

12.3 Profiles of Key Players

12.3.1 Allianz SE

12.3.2 American International Group

12.3.3 Global Aerospace

12.3.4 Hallmark Financial Services Inc.

12.3.5 Marsh Inc.

12.3.6 China Life Insurance Company

12.3.7 Travers Aviation

12.3.8 Malayan Insurance

12.3.9 AXA

12.3.10 ING Group

12.3.11 Old Republic Aerospace

12.3.12 Hiscox Group

12.3.13 Wells Fargo

12.3.14 Avion Insurance

For more information about this report visit https://www.researchandmarkets.com/r/603gmm

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Aerospace Insurance Market Insights, 2019-2024 - ResearchAndMarkets.com - Business Wire

Israel Aerospace Industries to expand headquarters in Virginia – The Jerusalem Post

Israel Aerospace Industries (IAI) is planning to expand its American headquarters in Virginia, according to a statement by the Governor's Office and the Fairfax County Economic Development Authority (FCEDA).Fairfax County is part of the suburban area of Washington, D.C.Virginia's Governor Ralph Northam announced the expansion on Wednesday, following a meeting with IAI officials in Tel Aviv.The expansion will create 50 new jobs in the headquarters. "Fairfax is at the center of the aerospace and defense market here in the United States, it is close to many of our clients' head offices and provides the opportunity for increased coordination and synergy realization for our enterprise growth goals," Swami Iyer, CEO of IAI North America said. IAI describes itself as "Israel's largest aerospace and defense company specializing in developing and manufacturing advanced, state-of-the-art systems for air, space, sea, land, cyber and homeland security.""Fairfax County has long been a location of choice for major aviation and aerospace companies, and we are delighted to see that important industry cluster expand further with IAI," said FCEDA President and CEO Victor Hoskins. The organization opened an office in Tel Aviv in 2004 to offer support to Israeli companies interested in addressing the U.S. market. According to the statement, over 30 Israel-based companies have a presence in Fairfax County.

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Radius Aerospace Expands in Hot Springs, Will Hire 65 – Arkansas Business Online

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Titanium components maker Radius Aerospace of Hot Springs, formerly a division of Triumph Group, announced Monday an expansion that will create 65 jobs.

Radius Aerospace produces complex fabricated metallic assemblies and components used in the military, commercial, business jet, regional jet, general aviation and helicopter markets.

The Hot Springs plant, which employs 385, makes products including aircraft skins, leading edges, doors, covers and ribs. Economic developers called it one of the largest expansions in Hot Springs and Garland County in several years.

"We're excited to expand and modernize our Hot Springs site with this state-of-the-art facility," Darren Hill, vice president of supply chain, said in a news release. "The quality of work our fine employees produce has enabled us to grow and continue to support both the aerospace and defense industry, which is so important to our nation.

"This expansion is further evidence of our commitment to continued growth and placing a high emphasis on being a good corporate neighbor to our community and stakeholders."

Gov. Asa Hutchinson said the Arkansas Economic Development Commission worked six months with Radius Aerospace and regional economic development on the project

"The strength of our workforce makes Hot Springs an excellent choice for this expansion," Hutchinson said.

The company said it's seen an increase in demand in the commercial and military aerospace industry for custom configured titanium components.

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Radius Aerospace Expands in Hot Springs, Will Hire 65 - Arkansas Business Online

Aerospace Adhesive & Sealants Market Provides in-depth analysis of the Aerospace Adhesive & Sealants Industry, with current trends and future…

This report undertakes a comprehensive study of the Aerospace Adhesive & Sealants market to track its growth over the years to forecast its growth trajectory. It reflects on the Aerospace Adhesive & Sealants market and gives an analysis of the significant data collected over the years 2014 to 2018 and the current standing of the industry along with an extensive analysis of the market in the forecast period 2019 to 2026. It looks at principal sectors of the industry that plays a significant part in the growth of the market. This report looks at the major companies in the industry and their role in the progress of the market.

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Middle East & Africa

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Aerospace Adhesive & Sealants Market Provides in-depth analysis of the Aerospace Adhesive & Sealants Industry, with current trends and future...

Is Cubic Corporation (CUB) Stock a Good Buy in Aerospace & Defense – InvestorsObserver

Cubic Corporation (CUB) is near the bottom in its industry group according to InvestorsObserver. CUB gets an overall rating of 38. That means it scores higher than 38 percent of stocks. Cubic Corporation gets a 32 rank in the Aerospace & Defense industry. Aerospace & Defense is number 40 out of 148 industries.

Click Here to get the full Stock Score Report on Cubic Corporation (CUB) Stock.

Finding the best stocks can be tricky. It isnt easy to compare companies across industries. Even companies that have relatively similar businesses can be tricky to compare sometimes. InvestorsObservers tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the top stocks in that sector.

These scores are not only easy to understand, but it is easy to compare stocks to each other. You can find the best stock in an industry, or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.

Cubic Corporation (CUB) stock has fallen -0.27% while the S&P 500 has gained 0.64% as of 10:57 AM on Monday, Nov 25. CUB is down -$0.16 from the previous closing price of $60.10 on volume of 144,612 shares. Over the past year the S&P 500 has risen 17.09% while CUB is down -9.44%. CUB earned $1.67 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 35.78.

To see InvestorsObservers Sentiment Score for Cubic Corporation click here.

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Is Cubic Corporation (CUB) Stock a Good Buy in Aerospace & Defense - InvestorsObserver

Airbus and Strata Celebrate 10-Years of Partnership Shaping UAEs Aerospace Industry – Al-Bawaba

Airbus celebrates 10-years of partnership with Strata shaping the UAEs aerospace industry, highlighting key milestones achieved with the UAE-based manufacturer throughout the past decade.

As part of the UAEs drive to create a world-class aerospace industry to deliver on its diversification strategy, Airbus is increasing its Middle Eastern footprint through industry cooperation with local entities to contribute to the nations economic growth. Abu Dhabi-based Strata Manufacturing has risen to become a regional supplier of Airbus aircraft parts in the Middle East, playing a major role in Airbus global supply chain.

Since its inception, Strata has developed expert capabilities to manufacture the latest generation aircraft parts to meet industry demand fromits cutting-edge facility in Al Ain.Operating with a 700-strong workforce, Strata plays an integral role in shaping the future of the global aerospace industry that will contribute to growing a knowledge-based competitive economy in the UAE.

Since 2009, Airbus has enjoyed a decade-long cooperation with Strata, which has acted as a key supplier on the assembly line for Airbus long-haul commercial aircraft range. The collaboration led to the development of the Al Ain-based manufacturers350,000 square foot facility in the Nibras Al Ain Aerospace Park.

Months after completion of Stratas world-class facility, the aero composites manufacturer began supplying Airbus with aileron panels and flap-track fairings. In 2010, Strata shipped its first consignment of parts to Airbus for its A330 and A340 aircraft.

Strata further developed its manufacturing capabilities in 2015 by building parts of the wing for the Airbus A330, A340 and flap tracks for the A380. The same year, Airbus appointed Strata as its single-source supplier of ailerons for Airbus A330 aircraft. Deepening the level of cooperation between the two companies, 2016 became an important year with Airbus and Strata signing a landmark agreement to manufacture the Inboard Flaps for the A350-900.

Since 2010, Strata has delivered 2,353 shipsets and 30,073 components to Airbus

Mikail Houari, President for Africa and Middle East at Airbus said:Strata is a proud example of UAE excellence and success on so many levels.

In addition to being a regional supplier of Airbus aircraft parts, Strata is also made up of a 700-strong workforce, of which 90 per cent are female and 50 per cent are Emirati. As such, the manufacturer is testament to the UAEs long-term vision of promoting gender equality and Emiratisation. Strata is also a clear reflection of how we do business, advancing the UAEs aerospace industry and the importance we place on purposeful collaboration and knowledge sharing at all levels.

Ismail Ali Abdulla, CEO of Strata Manufacturing said: As a UAE-based manufacturer, we are proud to enjoy a long and important global partnership with Airbus.

We have grown rapidly this past decade to cement our role as a leading aerospace manufacturer by enhancing our capabilities to meet the growing complex requirements of global aerospace companies such as Airbus.

Stratas strategic partnership with Airbus is a multi-faceted supplier agreement that extends Airbus footprint in the Middle East and supports the development of Abu Dhabi and the UAEs aerospace industry.

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Airbus and Strata Celebrate 10-Years of Partnership Shaping UAEs Aerospace Industry - Al-Bawaba

Graduate’s documentary looks at the next generation of women in aerospace – Deadline News

A recent Edinburgh Napier TV graduate is boldly going where no previous TV graduate has gone before with his debut documentary film.

Adam Smith who graduated from Edinburgh Napier in July this year has recently released Space Queens; his first feature documentary that takes an in depth look at the women behind Apollo 11s mission to the moon.

Produced for his final year project at Edinburgh Napier, the film features some of the key women from the last 50 years at NASA, as well as looking forward to the organisations return to the moon and the first manned mission to Mars scheduled for 2020.

The film is already gaining interest with streaming platforms and festivals and has been selected for screening at next years Edinburgh Science Festival alongside being made available to watch on Amazon Prime. In doing so, Adam has become the first Edinburgh Napier TV student to have his work selected for the streaming service.

Sci-fi fan Adam filmed the documentary throughout his last year at the University which included a two week trip to Florida to film within NASAs headquarters and the Kennedy Space Centre. He was supported in his trip with a grant from the Santander Universities Mobility Fund.

The 25 year-olds film features an interview with Christina Korp, former manager of Apollo 11 moonwalker Buzz Aldrin, alongside NASA civil engineer Barbara Kennedy, and Mimi Aung, project lead at the NASA Jet Propulsion Lab in California. Mimi is leading a team that aims to land a helicopter on Mars next year.

For Edinburgh-born Adam, the early success of the film is justification for sticking to his guns and undertaking the ambitious final year project.

He said: Im not really a person that takes no for an answer and when I pitched the idea to the TV team and fellow students at Edinburgh Napier, you should have seen their faces! However, I was grateful for the willingness from people to get involved and Im glad I persisted with my original idea.

I had to be quite creative in tracking down my interviewees for the project a student getting permission to film at NASAs headquarters in America is no mean task. But through social media and lots of phone calls, I soon made progress and thanks to funding from Santander, I was soon on my way to Florida for filming.

Im so thankful for all those that have believed in the film so far. From those who have watched it, to people who supported me like my lecturer Kirsten McLeod and to those who are featured in it I really couldnt have done it without you all.

Space Queens can be viewed on Amazon Prime here.

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Graduate's documentary looks at the next generation of women in aerospace - Deadline News

Introduction to Spacecraft Thermal Design. Cambridge Aerospace Series Part No. 48: Thermal Circuits, MLI & Limiting Resistance -…

DUBLIN--(BUSINESS WIRE)--The "Introduction to Spacecraft Thermal Design. Cambridge Aerospace Series Part No. 48" book has been added to ResearchAndMarkets.com's offering.

Develop a fundamental understanding of heat transfer analysis techniques as applied to earth based spacecraft with this practical guide. Written in a tutorial style, this essential text provides a how-to manual tailored for those who wish to understand and develop spacecraft thermal analyses. Providing an overview of basic heat transfer analysis fundamentals such as thermal circuits, limiting resistance, MLI, environmental thermal sources and sinks, as well as contemporary space based thermal technologies, and the distinctions between design considerations inherent to room temperature and cryogenic temperature applications, this is the perfect tool for graduate students, professionals and academic researchers.

Key Topics Covered:

1. Introduction;

2. Conduction heat transfer analysis;

3. Radiation heat transfer analysis;

4. The space environment;

5. Space-based advanced thermal conductance and storage technologies;

6. Sensors, instrumentation, and test support hardware;

7. Fundamentals of cryogenics;

8. Developmental and environmental testing

Authors

Eric Silk NASA-Goddard Space Flight Center.

Dr. Eric A. Silk is a Senior Lecturer in the Aerospace Engineering Department at the University of Maryland, College Park with 22 years of engineering experience in thermal system design and analysis for space based systems and serves.

For more information about this book visit https://www.researchandmarkets.com/r/r2rms

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Introduction to Spacecraft Thermal Design. Cambridge Aerospace Series Part No. 48: Thermal Circuits, MLI & Limiting Resistance -...

Does The China Aerospace International Holdings Limited (HKG:31) Share Price Fall With The Market? – Simply Wall St

If youre interested in China Aerospace International Holdings Limited (HKG:31), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. Volatility is considered to be a measure of risk in modern finance theory. Investors may think of volatility as falling into two main categories. First, we have company specific volatility, which is the price gyrations of an individual stock. Holding at least 8 stocks can reduce this kind of risk across a portfolio. The other type, which cannot be diversified away, is the volatility of the entire market. Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market.

Some stocks are more sensitive to general market forces than others. Beta is a widely used metric to measure a stocks exposure to market risk (volatility). Before we go on, its worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that volatility is far from synonymous with risk. Having said that, beta can still be rather useful. The first thing to understand about beta is that the beta of the overall market is one. A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. In comparison a stock with a beta of over one tends to be move in a similar direction to the market in the long term, but with greater changes in price.

View our latest analysis for China Aerospace International Holdings

Looking at the last five years, China Aerospace International Holdings has a beta of 1.48. The fact that this is well above 1 indicates that its share price movements have shown sensitivity to overall market volatility. Based on this history, investors should be aware that China Aerospace International Holdings are likely to rise strongly in times of greed, but sell off in times of fear. Beta is worth considering, but its also important to consider whether China Aerospace International Holdings is growing earnings and revenue. You can take a look for yourself, below.

With a market capitalisation of HK$1.3b, China Aerospace International Holdings is a very small company by global standards. It is quite likely to be unknown to most investors. Relatively few investors can influence the price of a smaller company, compared to a large company. This could explain the high beta value, in this case.

Beta only tells us that the China Aerospace International Holdings share price is sensitive to broader market movements. This could indicate that it is a high growth company, or is heavily influenced by sentiment because it is speculative. Alternatively, it could have operating leverage in its business model. Ultimately, beta is an interesting metric, but theres plenty more to learn. In order to fully understand whether 31 is a good investment for you, we also need to consider important company-specific fundamentals such as China Aerospace International Holdingss financial health and performance track record. I urge you to continue your research by taking a look at the following:

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.

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Does The China Aerospace International Holdings Limited (HKG:31) Share Price Fall With The Market? - Simply Wall St

Gardner Aerospace reports significant increase in turnover – PES Media

The company, which has its headquarters in Derby, has boosted its turnover to 166 million in 2018, a 9% increase compared to the previous year.

Gardner Aerospace has also performed well so far in 2019, with full-year turnover expected to be 33% higher than in 2018.

These figures have been buoyed by the acquisition in July 2018 of Durham-based Northern Aerospace, with the precision machined parts maker expected to contribute a quarter of the companys sales this year.

Dominic Cartwright, CEO at Gardner Aerospace, said the companys long-term outlook looked very encouraging.

The global market for commercial aircraft looks very healthy, with demand for new airliners expected to more than double over the next 20 years, he said. As a strategic supplier of finished components to Airbus and to a host of leading tier 1 manufacturers, we have secured a strong long-term position on many of the major programmes.

Gardner has continued to invest heavily in its production facilities, both in the UK and overseas. The company has constructed a new 45,000m2 facility in Chengdu, China which will open in early 2020. It has also expanded its capability in Poland and India.

The company is also breaking new ground in new technology, having invested in additive layer manufacturing equipment to complement its long-standing capabilities as a producer of metallic detailed parts and sub-assemblies.

The first production run of 3D printed fixtures and parts is scheduled to take place by the end of 2019.

MSC Industrial Supply was recently appointed as Gardners tooling and industrial consumables supplier. The five year contract covers all of the aerospace companys operations in the UK, Poland and India.

Breeze Chirayath, group commodity manager at Gardner, commented: Throughout the tender process, what set MSC apart from the competition is the steadfast commitment to helping Gardner Aerospace achieve its growth and procurement goals.

Gardner Aerospacewww.gardner-aerospace.com

Michael Tyrrell

Digital Coordinator

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Gardner Aerospace reports significant increase in turnover - PES Media

Jordan Continues Space Flight Aesthetic With The Aerospace 720 Lifestyle Shoe – Sneaker News

Out of Jordan brands offshoot, the 720-soled silhouettes may be among the weirdest or most surprising as they often dress up in toolings far removed from their own mainline. Rather than adhere to basketball principle as many of the original few, they often head out in exploration of where no man has gone before with its latest doing the same under its Aerospace 720 dubbing. The only bit heritage is found in small dosages of black and red, using it in seldom across a base of space-ready white synthetic. Constructions themselves, aside from the inclusion of the aforementioned, create an aesthetic not too dissimilar to that of an astronauts gear with various overlays enhancing visuals through contrasting circular molds. Heel wraps further arm all across with denotative type only adjacent while the lace units lead up with bright red stitching to a surprisingly ordinary Jumpman insignia. Along with the core cushioning right at the heel, the pair is a comfortable, futuristic departure through the lens of the brands own. Take a look at the pair right here and its likely that these will be hitting select retailers and possibly Nike.com within the coming months.

Source: US_11

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Jordan Continues Space Flight Aesthetic With The Aerospace 720 Lifestyle Shoe - Sneaker News

Has L3Harris Technologies (LHX) Outpaced Other Aerospace Stocks This Year? – Yahoo Finance

Investors interested in Aerospace stocks should always be looking to find the best-performing companies in the group. L3Harris Technologies (LHX) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of LHX and the rest of the Aerospace group's stocks.

L3Harris Technologies is a member of the Aerospace sector. This group includes 34 individual stocks and currently holds a Zacks Sector Rank of #1. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. LHX is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for LHX's full-year earnings has moved 3.04% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Based on the most recent data, LHX has returned 50.40% so far this year. Meanwhile, stocks in the Aerospace group have gained about 32.96% on average. This means that L3Harris Technologies is performing better than its sector in terms of year-to-date returns.

Looking more specifically, LHX belongs to the Aerospace - Defense industry, which includes 12 individual stocks and currently sits at #50 in the Zacks Industry Rank.

Investors in the Aerospace sector will want to keep a close eye on LHX as it attempts to continue its solid performance.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportL3Harris Technologies Inc (LHX) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

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Has L3Harris Technologies (LHX) Outpaced Other Aerospace Stocks This Year? - Yahoo Finance

Those Who Purchased Park Aerospace (NYSE:PKE) Shares Five Years Ago Have A 36% Loss To Show For It – Yahoo Finance

The main aim of stock picking is to find the market-beating stocks. But even the best stock picker will only win with some selections. So we wouldn't blame long term Park Aerospace Corp. (NYSE:PKE) shareholders for doubting their decision to hold, with the stock down 36% over a half decade. Unhappily, the share price slid 6.7% in the last week.

See our latest analysis for Park Aerospace

While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).

Park Aerospace became profitable within the last five years. That would generally be considered a positive, so we are surprised to see the share price is down. Other metrics may better explain the share price move.

It could be that the revenue decline of 26% per year is viewed as evidence that Park Aerospace is shrinking. This has probably encouraged some shareholders to sell down the stock.

The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers).

NYSE:PKE Income Statement, November 19th 2019

We're pleased to report that the CEO is remunerated more modestly than most CEOs at similarly capitalized companies. It's always worth keeping an eye on CEO pay, but a more important question is whether the company will grow earnings throughout the years. Dive deeper into the earnings by checking this interactive graph of Park Aerospace's earnings, revenue and cash flow.

As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. In the case of Park Aerospace, it has a TSR of 7.7% for the last 5 years. That exceeds its share price return that we previously mentioned. The dividends paid by the company have thusly boosted the total shareholder return.

Park Aerospace shareholders gained a total return of 13% during the year. Unfortunately this falls short of the market return. On the bright side, that's still a gain, and it's actually better than the average return of 1.5% over half a decade It is possible that returns will improve along with the business fundamentals. Before deciding if you like the current share price, check how Park Aerospace scores on these 3 valuation metrics.

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

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Those Who Purchased Park Aerospace (NYSE:PKE) Shares Five Years Ago Have A 36% Loss To Show For It - Yahoo Finance

Latest Innovative Report on Aerospace Defense Fluid Conveyance Systems Market by 2019-2025 with Top Key Players like AIM Aerospace, Arrowhead…

Aerospace Defense Fluid Conveyance Systems Market Report focuses on a deep analysis of the current status of the Aerospace Defense Fluid Conveyance Systems industry. The study of the Aerospace Defense Fluid Conveyance Systems industry is very important to enhance industry productivity and for the study of market forecast. The report initiated with study introduction which is followed by statistical details of the market that reveals the current market status and future forecast. The analysts have scrutinized the market drivers, confinements, risks, and openings present in the overall market. The report shows course the market is expected to take in the coming years along with its estimations.

Some of the Top Key Players Profiled in this Market: AIM Aerospace, Arrowhead Products, Eaton Aerospace, Flexfab, and Unison Industries, ITT Aerospace, Park Hannifin, Senior Plc, Steico Industries, Zodiac Aerospace.

Get Sample Copy of this report @: http://www.a2zmarketresearch.com/sample?reportId=116862

In this Aerospace Defense Fluid Conveyance Systems Market research report, the prominent factors driving the advancement of this market were recorded and the business accomplices and end administrators were indulgent. The setup of the business division, examples, and challenges monitoring the market comprehensively are in like manner a bit of this wide examination. Different meetings and social events were driven by the distinguishable pioneers of this industry to get persisting and revived encounters concerned to the market.

The global Aerospace Defense Fluid Conveyance Systems market is fragmented and therefore the major players have used varied ways like new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, etc and to extend their footprints during this Aerospace Defense Fluid Conveyance Systems market so as to sustain in long-standing time. The Aerospace Defense Fluid Conveyance Systems report includes shares for major regions North America, Asia-Pacific, UK, Europe, Central & South America, Middle East & Africa

Global Aerospace Defense Fluid Conveyance Systems Market Segmentation:

Segmentation by Type:

Hose and TubesHigh Pressure DuctsLow Pressure DuctsOthers

Segmentation by Application:

Hydraulic BasedFuel BasedAir Based

Get Exclusive Discount on this report @: http://www.a2zmarketresearch.com/discount?reportId=116862

Influence of the Aerospace Defense Fluid Conveyance Systems Market report:

Table of Contents

Global Aerospace Defense Fluid Conveyance Systems Market Research Report

Chapter 1 Aerospace Defense Fluid Conveyance Systems Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Aerospace Defense Fluid Conveyance Systems Market Forecast

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Latest Innovative Report on Aerospace Defense Fluid Conveyance Systems Market by 2019-2025 with Top Key Players like AIM Aerospace, Arrowhead...

Huge Demand of Aerospace Floor Panel Market by 2019-2025 with Top Key Players like Avcorp Industries, BE Aerospace (Rockwell Collins), The EnCore…

Aerospace Floor Panel Market Report focuses on a deep analysis of the current status of the Aerospace Floor Panel industry. The study of the Aerospace Floor Panel industry is very important to enhance industry productivity and for the study of market forecast. The report initiated with study introduction which is followed by statistical details of the market that reveals the current market status and future forecast. The analysts have scrutinized the market drivers, confinements, risks, and openings present in the overall market. The report shows course the market is expected to take in the coming years along with its estimations.

Some of the Top Key Players Profiled in this Market: Avcorp Industries, BE Aerospace (Rockwell Collins), The EnCore Group, Euro-Composites S.A, The Gill Corporation, Triumph Group (Triumph Composite Systems), Zodiac Aerospace.

Get Sample Copy of this report @: http://www.a2zmarketresearch.com/sample?reportId=116865

In this Aerospace Floor Panel Market research report, the prominent factors driving the advancement of this market were recorded and the business accomplices and end administrators were indulgent. The setup of the business division, examples, and challenges monitoring the market comprehensively are in like manner a bit of this wide examination. Different meetings and social events were driven by the distinguishable pioneers of this industry to get persisting and revived encounters concerned to the market.

The global Aerospace Floor Panel market is fragmented and therefore the major players have used varied ways like new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, etc and to extend their footprints during this Aerospace Floor Panel market so as to sustain in long-standing time. The Aerospace Floor Panel report includes shares for major regions North America, Asia-Pacific, UK, Europe, Central & South America, Middle East & Africa

Global Aerospace Floor Panel Market Segmentation:

Segmentation by Type:

Nomex HoneycombAluminium HoneycombOther

Segmentation by Application:

Narrow-Body AircraftWide-Body AircraftVery Large Aircraft

Get Exclusive Discount on this report @: http://www.a2zmarketresearch.com/discount?reportId=116865

Influence of the Aerospace Floor Panel Market report:

Table of Contents

Global Aerospace Floor Panel Market Research Report

Chapter 1 Aerospace Floor Panel Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Aerospace Floor Panel Market Forecast

Buy Customized Report @: http://www.a2zmarketresearch.com/buy?reportId=116865

If you have any special requirements, please let us know and we will offer you the report as you want.

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Huge Demand of Aerospace Floor Panel Market by 2019-2025 with Top Key Players like Avcorp Industries, BE Aerospace (Rockwell Collins), The EnCore...

Blue Origin is Partnering with Major Aerospace Companies to Land Humans on the Moon – D-brief – Discover Magazine

An illustration of Blue Moon, the lunar lander Blue Origin is planning. A larger version of this could be the model for the new Human Landing System. (Credit: Blue Origin)

Some of the biggest names in the aerospace industry are teaming up with Amazon andBlue Originfounder Jeff Bezos to create the Human Landing System (HLS), which will bring humans back to the lunar surface by 2024 as part of NASAs Artemis program.

The announcement at the International Astronautical congress named Blue Origin as the main contractor on the project. Blue Origin will focus on system engineering, safety, and working on the Descent Element, which will carry astronauts down to the moon and will be based on other Blue Origin spacecraft.

Aviation and aerospace companyLockheed Martinwill lead crewed flight operations and training, as well as develop the reusable Ascent Element for the lander.Draper, which is a not-for-profit research and development organization, will work on descent guidance and flight avionics.Northrop Grumman, an aviation company responsible the Pegasus rocket, will work on the technology that will bring the landing system down to the Moon.

We guided Apollo to the moon and back nearly 50 years ago, said Kaigham J. Gabriel, the President and CEO of Draper, in a press release. Were ready to do it again with the Blue Origin team for Artemis.

In May, Bezos announced the concept for Blue Origins soft lander,Blue Moon. That project utilizes a larger version of the lander, which can now be used as a model for the HLS.

This partnership is the latest addition to the Artemis program, in which many private aerospace companies have already partnered with NASA to develop new technologies that will help humans establish a presence on the moon. Creating a reusable and reliable HLS will be key to getting humans to the lunar surface and back to Gateway, a proposed space station that orbits the moon.

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Blue Origin is Partnering with Major Aerospace Companies to Land Humans on the Moon - D-brief - Discover Magazine

Novel 3D-Composite Material for Aerospace Reducing the Weight of Details by 20% Developed in NUST MISIS – PRNewswire

MOSCOW, Oct. 23, 2019 /PRNewswire/ -- Team of scientists from NUST MISIS Center for Industrial Prototyping of High Complexity obtained the first samples of 3D aluminum composite details with ceramic filler, manufactured by laser melting. In the nearest future, the obtained composites will be used to grow the spacecraft parts for Russian aircraft industry. The research is conducted under a grant from the Russian Science Foundation; the results are published in Materials.

Scientists from the National University of Science and Technology MISIS, led by Professor Alexandr Gromov developed a method of 3D-printing of alumomatrix (aluminum-based) composite materials with ceramic fillers (aluminum oxide and nitride). The research was conducted in the framework of the project of the Russian Science Foundation. The use of additive technologies allowed increasing the strength of the resulting powder materials by 20%.

"For 3D-printing of aluminum details, so-called silumins (alloys of aluminum with silicon, in particular, the compound Al-Si-10Mg) are mainly used as raw materials," Alexander Gromov comments."However, the demands of the aerospace industry are growing, and scientists are now actively searching for new compositions of alumomatrix composites (including doped ones) to obtain details with improved performance (strength, hardness, resistance to cracking) and low cost, compared to alloys that contain rare earth elements."

The annual growth rate of the global market of additive technologies exceeds 100%. This can be explained by the advantages of additive technologies for metals compared to traditional industrial technologies: casting, powder metallurgy etc. This includes the ability to create complex 3D-details, reduce the weight of the detail by optimizing the design, increase the strength of the details, as well as the technology for fast and situational production of small-scale details of complex shape. One of the most popular directions is the development of methods of 3D-aluminum printing for aerospace.

In this case, the main task of material scientists is to reduce the detail weight while maintaining the strength characteristics. Nowadays, the metal primarily used in aircraft is titanium. It is a durable, corrosion- and load-resistant material, the only significant disadvantage of which is the high density, 5.4 g/mm. Lightweight and ductile aluminum at the same time has a density of 2.7 g/mm, that is, it is twice as light. However, it is far less strong than titanium. Scientists are actively looking for ways to strengthen aluminum.

"We managed to increase the strength of aluminum powders due to hardening ceramic additives directly in the process of 3D-printing. Previously, it was believed that obtaining such composites on printers such as SLM is impossible. However, the group was able to create experimental samples of the new powder material on a conventional printer SLM-280 HL, i.e. using selective laser melting," Professor Gromov adds.

The proposed methods allow increasing the flexibility of design, reducing the production time of functional prototypes, reducing the weight of the resulting details by 10-20 %.

As noted by Andrey Arnautov, Deputy Director for new projects, UC Rusal, "NUST MISIS scientists have come close to the realization of the long-standing dream of aluminum producers: the full replacement of titanium with aluminum composites. Many researchers have worked on the problem of producing lightweight and durable aluminum composites by traditional metallurgical methods, but the team led by Professor Alexander Gromov has moved even further and is working on growing a 3D-detail from innovative powders."

Currently, the research team is completing a series of laboratory tests of the resulting batch of material. In the near future, the researchers will switch to the next step of the project, i.e. obtaining the first samples of details from this aluminum-ceramic powder.

SOURCE The National University of Science and Technology MISiS

https://misis.ru

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Novel 3D-Composite Material for Aerospace Reducing the Weight of Details by 20% Developed in NUST MISIS - PRNewswire